RegAlertRule · BI · 25 Jan 2008
Bank Indonesia Circular Letter No. 10/1/DPM - Amendment to Bank Indonesia Circular Letter No. 8/13/DPM dated May 1, 2006, concerning Issuance of Bank Indonesia Certificate under Auction
The document amends provision point III.1.b.1 of Bank Indonesia Circular Letter Number 8/13/DPM dated May 1, 2006, to require that bids for the SBI discount rate be made by auction participants in a discount rate multiple of 0.01% for each bid. This amendment applies to banks, rupiah and foreign exchange money market brokers, and securities agents in Indonesia. The amended provision comes into force as of January 25, 2008.
Unofficial Translation
No. 10/1/DPM Jakarta, January 25, 2008
CIRCULAR LETTER
To
BANKS, RUPIAH AND FOREIGN EXCHANGE MONEY MARKET BROKERS, AND SECURITIES AGENTS IN INDONESIA Subject : Amendment to Bank Indonesia Circular Letter Number 8/13/DPM dated May 1, 2006 concerning Issuance of Bank Indonesia Certificate under Auction In order to enhance effectiveness of bidding in Bank Indonesia Certificate auction which is regulated in Bank Indonesia Circular Letter Number 8/13/DPM dated May 1, 2006, concerning Issuance of Bank Indonesia Certificate under Auction constituting implementation provisions of Bank Indonesia Regulation Number 4/10/PBI/2002 dated November 18, 2002, concerning Bank Indonesia Certificate (State Gazette of the Republic of Indonesia Number 127 of 2002, Supplement to State Gazette of the Republic of Indonesia Number 4244), as amended for the last time by Bank Indonesia Regulation Number 6/5/PBI/2004 dated February 16, 2004 (State Gazette of the Republic of Indonesia Number 18 of 2004, Supplement to State Gazette of the Republic of Indonesia Number 4366), it is deemed necessary to amend provision point III.1.b.1) in Bank Indonesia Circular Letter Number 8/13/DPM dated May 1, 2006, to read as follows. III.1.b.1) The bids for SBI discount rate shall be made by auction participants in a discount rate multiple of 0.01% (one per ten thousand) for each bid. Provision in this Bank Indonesia Circular Letter shall come into force as of January …
2
January 25, 2008.
For the public to be informed, it is ordered that this Bank Indonesia Circular Letter be promulgated in the Official Government Gazette of the Republic of Indonesia. Please be informed accordingly. BANK INDONESIA, EDDY SULAEMAN YUSUF DIRECTOR OF MONETARY MANAGEMENT DPM
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The links and the sentences they come from (2)
- Amends
“Amendment to Bank Indonesia Circular Letter Number 8/13/DPM dated May 1, 2006 concerning Issuance of Bank Indonesia Certificate under Auction”
- Issued under
- Bank Indonesia Regulation Number 4/10/PBI/2002 dated November 18, 2002Not in RegAlert
“constituting implementation provisions of Bank Indonesia Regulation Number 4/10/PBI/2002 dated November 18, 2002”
Mentions (1): 1 document mentions this one without changing it
- Referred to by
“as amended with Circular Letter of Bank Indonesia Number 10/1/DPM dated 25 January 2008”
Timeline
This document amends: Issuance of Bank Indonesia Certificate Through Auction
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Source: Bank Indonesia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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